What the candidates think about inheritance tax

The presidential candidates have the following views on the estate tax (inheritance tax):

Democrats

Hillary Clinton- $3.5 million exclusion amount per person, but keep the tax

Barack Obama – wants to keep the tax and to put the exclusion high enough so no family business has to be sold to pay the tax. No specific amount mentioned.

Republicans

Mitt Romney – Eliminate the tax

John McCain – $10 million exclusion, but keep the tax

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